Tuesday, 17 January 2017

Since the Prime Minister clarified our position on leaving the EU following the BREXIT vote, I see that the UK pound is up against every currency. I guess people had already factored in that we are leaving the EU and are happy to have some certainty now.

Although I have said this before, it would not surprise me if the Euro lost a lot of value this year. The EU is in grave danger of falling apart.

I voted to "remain" in the EU, but many nations want free trade but NOT a United States of Europe. France is France. Germany is Germany, etc.. National identity IS important. Originally the EU was about maintaining peace in Europe, but it has grown a lot in recent years and has rather lost its way. Basically I think the EU is "a good thing" but it must not be a "gravy train": it should serve the people of Europe.

See http://www.bbc.co.uk/news/business/market_data/currency/default.stm .

Thursday, 11 August 2016

The euro, yen and dollar exchange rates have moved in favour of UK
exporters and making imports from these nations more expensive.

I have the feeling that the euro will collapse in value in the next 18
months as the remaining EU nations wake up to Greek debt (there is no
way they can repay this) and the likelihood of the Greeks defaulting and
leaving the EU. This would really hit Germany. In the end I
think the UK will be fine. The UK was a net contributor to the EU and we
voted to leave. This puts an even greater burden on the richer EU
members.

It would not surprise me if we had a snap General Election here in the
UK, especially if the Labour party commits self-imposed suicide and
splits in two. Our current Prime Minister, Teresa May, did not vote for
Brexit and neither did any in my family. If a General Election was to
be called then the Conservative Party is likely to get a huge majority.

I am currently reading a book on the history of Europe 1789-1989. I had
little idea how the borders and alliances changed so much in the 1800s.
Clearly Europe is still evolving.

Friday, 1 July 2016

It is now over a week since the UK voted to leave the EU. Although the pound
has fallen the stock markets seem to have taken things OK so far. The UK seems
to be on a self destruct route at the moment with the Labour party in
civil war and the Conservatives thrown into confusion by Boris not
standing for PM. It will be some time before the fog clears and we chart
a new path.

Personally I do not trust Gove and think Theresa May would make the best PM, although I am not a Conservative voter.

If a snap General Election is called my inclination is to vote Liberal Democrat again.

Friday, 24 June 2016

So the referendum has taken place and the UK people have chosen to leave
the EU. All of my close family voted to remain IN. The future of the UK
is unknown. Indeed, the future of the EU may now be very different. All
I hope is that we remain friends with our neighbours in Europe. We have
always wanted the EU trade, but we have never sought closer political
ties. The future is ours to forge and we must chose a good future that
unites its people not divides them.